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In just one day, President trump of the United States sent contradictory signals to the signing of the first phase of the Sino US economic and trade agreement, leaving the outside world wondering whether the first phase of the agreement can be successfully signed in the short term. At present, it is only 10 days before the original US plan to impose tariffs on a new batch of Chinese goods on December 15. Whether to postpone or cancel the plan is unknown. It is hard to say whether the Sino US economic and trade situation is optimistic.
Trump's statement that the signing of the agreement will "wait for me to be re elected" disturbed the situation of Sino US trade negotiation, which is tending to be stable again. Although he later said that the progress of the negotiation is "very smooth", considering the relatively slow progress of the recent negotiation and the adverse impact on Sino US relations caused by the attitude of the United States towards China's port related and border related measures, trump more or less interfered with the complicated and difficult trade talks Judgement. A number of Chinese officials believe that if things escalate and Sino US relations get cold, it will affect the pace of trade negotiations.
"The two sides (now) have not reached an agreement on several important issues, which is also the main obstacle to the first phase of the China US economic and trade agreement. It will take time to overcome them one by one." A Chinese official familiar with the situation told Reuters that if the tariff imposed by the US side takes effect on December 15, China will take corresponding countermeasures against the tariff.
As for what kind of countermeasures, he didn't make any further statement, but he stressed that once the US tariff increases work, it will seriously interfere with the established pace of China US economic and trade consultation.
As for whether China will release the list of unreliable entities concerned by the outside world, Gao Feng, a spokesman of the Ministry of Commerce, said at a press conference on Thursday that no further information can be disclosed at present.
Gao said that China believes that if China and the United States reach the first stage agreement, tariffs should be reduced accordingly; "the economic and trade teams of both sides have kept close communication", and no more details have been disclosed at present.
Another Chinese official with knowledge of the situation said that the negotiations focusing solely on trade itself were already very complicated, the workload and difficulty of the negotiations were not small, and it was difficult for the agreement to be issued in a short period of time; if other interference factors were added on this basis, the progress of the negotiations would slow down significantly. He believes that if the two sides fail to implement the agreement in the near future, the future may be very long.
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